Parent Company: Panasonic Corporation
Brand value: $4,681 million
Headquarter city: Osaka
Year formed: 1918
Panasonic is a comprehensive Japanese electronics company that develops diversified businesses focusing on electrical equipment such as industrial equipment, batteries, housing equipment, and environment-related equipment, in addition to home appliances. The brand celebrated the 100th anniversary of its founding in 2018. In 1917, Kounosuke Matsushita began manufacturing and selling light bulb sockets in a rented house in Osaka, and founded the Matsushita Electric Industrial Co., Ltd. in 1918. Since 1966, the company he founded used the "NATIONAL" logo for domestic market and the "PANASONIC" logo for overseas market; on October 1, 2008, the company changed its name to "Panasonic Corporation" and unified the brand as “Panasonic” all over the world. Panasonic has the meaning of "to the whole world, the sound of Matsushita Electric Industrial.” The brand’s slogan advocates "A Better Life, A Better World.” Going forward, the company hopes to lean on its B2B and automotive businesses for growth, while continuing to innovate with AI and IoT in its home appliance and “spatial solutions” businesses. The brand’s major partnerships include the Olympics and a variety of golf, racing, soccer, and baseball activities. Panasonic is listed on the Tokyo and Nagoya Stock Exchanges.